GTAI FDI Report
2024 Report: Germany Maintains High Post-Covid FDI Level
Europe’s largest economy continues to attract large-volume international business expansions.
May 12, 2025
Report Summary
1724 companies from abroad announced greenfield and expansion projects last year – that’s according to 2024 FDI Report compiled by Germany’s international business promotion agency Germany Trade & Invest (GTAI).
The figure was down two percent from 2023 but comparable to numbers from the past five years. The volume of international business projects amounted to EUR 23.2 billion euros. That’s the third-highest amount ever recorded for Germany and well above pre-Covid levels.
The volume of investment reflected the large number of big-ticket projects launched by some of the world’s largest multinationals.
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Key findings
Germany’s regional states registered 1724 FDI projects (greenfield, expansions, relocations, but excluding M&A) in 2024 - a small dip of 2% from the previous year.
The US led all countries with 229 projects, while the EU was the leading source region.
International companies tended to invest in strategic industries such as digitalization and energy & resources.
One in five of the international companies use Germany as a production or R&D location.
